
Italy - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCells and Batteries; Lithium Import in Italy Sees a Slight Dip to $95M in 2023
Italy Cells and batteries; lithium Imports
In 2023, after three years of growth, there was significant decline in overseas purchases of cells and batteries; lithia, when their volume decreased by -25.3% to 65M units. Over the period under review, total imports indicated a buoyant increase from 2015 to 2023: its volume increased at an average annual rate of +5.9% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. Imports peaked at 87M units in 2022, and then dropped sharply in the following year.
In value terms, cells and batteries; lithium imports contracted to $95M (IndexBox estimates) in 2023. In general, total imports indicated a resilient increase from 2015 to 2023: its value increased at an average annual rate of +8.7% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at $105M in 2022, and then shrank in the following year.
COUNTRY | Import Value of Cells and batteries; lithium in Italy (million USD) | ||||||||
---|---|---|---|---|---|---|---|---|---|
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
China | 10.7 | 10.2 | 18.9 | 20.1 | 21.7 | 29.8 | 30.9 | 32.6 | 22.4 |
Germany | 10.6 | 13.3 | 10.0 | 7.8 | 7.3 | 6.2 | 11.9 | 17.7 | 18.8 |
South Korea | 1.3 | 7.3 | 9.7 | 18.0 | 15.3 | 19.8 | 19.1 | 10.1 | 13.0 |
Netherlands | 1.9 | 2.6 | 3.4 | 3.3 | 2.4 | 3.0 | 6.3 | 12.3 | 8.6 |
France | 8.0 | 6.9 | 6.1 | 4.8 | 4.9 | 3.7 | 3.8 | 8.1 | 7.7 |
Belgium | 4.3 | 3.8 | 4.9 | 3.5 | 3.4 | 3.9 | 5.9 | 5.4 | 5.9 |
United States | 6.1 | 7.6 | 6.0 | 6.1 | 5.2 | 5.1 | 6.7 | 5.1 | 4.7 |
Others | 5.8 | 6.9 | 8.7 | 11.6 | 7.3 | 5.7 | 11.1 | 13.6 | 13.7 |
Total | 48.7 | 58.6 | 67.9 | 75.0 | 67.4 | 77.3 | 95.6 | 105 | 94.9 |
Imports by Country
China (17M units), Belgium (14M units) and Germany (12M units) were the main suppliers of cells and batteries; lithium imports to Italy, with a combined 68% share of total imports. the Netherlands, South Korea, France and the United States lagged somewhat behind, together accounting for a further 18%.
From 2015 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +32.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($22M), Germany ($19M) and South Korea ($13M) appeared to be the largest cells and batteries; lithium suppliers to Italy, together comprising 57% of total imports.
South Korea, with a CAGR of +33.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the cells and batteries; lithium price stood at $1.5 per unit (CIF, Italy), increasing by 21% against the previous year. Over the period from 2015 to 2023, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27%. Over the period under review, average import prices hit record highs in 2023 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5 per unit), while the price for Belgium ($406 per thousand units) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the lithium battery market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27201150 -
- Prodcom 27201155 -
- Prodcom 27201160 -
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024